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Ascend Federal Credit Union
United States
1951 (74 Years)
Last online: No recent activity
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3.33
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Ascend Federal Credit Union
Company Information
Get to know Ascend Federal Credit Union
Ascend Federal Credit Union is a federal credit union with a mission to open new doors for financial freedom among its members. Ascend aims to "Raise Possibilities" for its members. This means opening new doors for financial freedom, guiding people through money matters using sound experience and knowledge, and providing an environment where its members can feel comfortable knowing that Ascend has only their best interests in mind.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Wealth Management
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